The only reason why there hasn't been as many jobs shed in November is the Christmas shopping season. That is what is keeping employers from shedding the normal amount of jobs and after the season is over its going to be a huge increase in job cuts.

The only reason why there hasn't been as many jobs shed in November is the Christmas shopping season. That is what is keeping employers from shedding the normal amount of jobs and after the season is over its going to be a huge increase in job cuts.

The only reason why there hasn't been as many jobs shed in November is the Christmas shopping season. That is what is keeping employers from shedding the normal amount of jobs and after the season is over its going to be a huge increase in job cuts.

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Do you have ANY data (i.e., facts) to support your claim?

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It's common sense.

People are going to stimulate the economy a bit more because Christmas is the most materialistic time of the year...it's time to get! get! get!, meaning better sales for stores, restaurants, movie theaters, tourist attractions, etc.

The only reason why there hasn't been as many jobs shed in November is the Christmas shopping season. That is what is keeping employers from shedding the normal amount of jobs and after the season is over its going to be a huge increase in job cuts.

Click to expand...

Do you have ANY data (i.e., facts) to support your claim?

Click to expand...

It's common sense.

People are going to stimulate the economy a bit more because Christmas is the most materialistic time of the year...it's time to get! get! get!, meaning better sales for stores, restaurants, movie theaters, tourist attractions, etc.

People are going to stimulate the economy a bit more because Christmas is the most materialistic time of the year...it's time to get! get! get!, meaning better sales for stores, restaurants, movie theaters, tourist attractions, etc.

You don't need statistics to prove that one.

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And GET! GET! GET! has WHAT to do with job retention?

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Uh, how are you going to GET! GET! GET! at the store? Someone's gotta be at the cash register, right?

People are going to stimulate the economy a bit more because Christmas is the most materialistic time of the year...it's time to get! get! get!, meaning better sales for stores, restaurants, movie theaters, tourist attractions, etc.

You don't need statistics to prove that one.

Click to expand...

And GET! GET! GET! has WHAT to do with job retention?

Click to expand...

Uh, how are you going to GET! GET! GET! at the store? Someone's gotta be at the cash register, right?

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As they already were....an by the way retail sales dipped last month...

I usually work part-time the first part of the winter at a local sporting goods retail store. This would have been the 3rd year. In the summer I work at a retail store at a fishing lake. We closed the store at the fishing lake a month and a half early because we did not have enough business to justify remaining open. The store in town actually laid people off, not hired people, just before the christmas shopping season.
Maybe in other parts of the country your 'common sense' projection has some merit. However; it doesn't hold water here.

The only reason why there hasn't been as many jobs shed in November is the Christmas shopping season. That is what is keeping employers from shedding the normal amount of jobs and after the season is over its going to be a huge increase in job cuts.

Click to expand...

Economists know this. Which is why decades ago they came up with a technique called "seasonal adjustment" which filters out regular, predictable ups and downs in the labor market and in price changes. The official released monthly statistics are all seasonally adjusted so things like Christmas hiring don't obscure the underlying trends.

Looking at the Non-farm Payroll numbers (the official Employment statistics) we see that the Unadjusted preliminary level of non-farm payroll employment went from 132,143,000 to 132,223,000 an INCREASE of 80,000. But most of that is due to seasonal hiring. So after Seasonal Adjustment, the preliminary numbers show a change from 131,007,000 to 130,996,000, a DECREASE of 11,000.

In other words, the number of jobs went up, but not by as much as they usually do in November, so the underlying trend is still a decrease.

So, no, it's not the Christmas shopping season that made the decrease so low, the decrease is what we're left after we take away the Christmas influence...which caused an increase.

I usually work part-time the first part of the winter at a local sporting goods retail store. This would have been the 3rd year. In the summer I work at a retail store at a fishing lake. We closed the store at the fishing lake a month and a half early because we did not have enough business to justify remaining open. The store in town actually laid people off, not hired people, just before the christmas shopping season.
Maybe in other parts of the country your 'common sense' projection has some merit. However; it doesn't hold water here.

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